The $56bn US pension will continue to look to the secondaries market to sell certain non-core holdings, CIO James Grossman has said.
2 min read · 13 October 2020
Canada Pension Plan Investment Board’s recent transaction shows that even at a time of considerable economic uncertainty, big, diversified portfolios can sell – and at a good price.
2 min read · 08 October 2020
The Canadian pension giant is understood to have sold chunks of the portfolio, worth as much as $2.5bn in total, to separate buyers.
2 min read · 07 October 2020
The four-person team, led by Dan Nolan, has moved to a Swiss outfit and is understood to be working with a US endowment on a portfolio sale.
2 min read · 29 September 2020
The US pension had set up a partnership with Pathway Capital Management last year to sell fund stakes.
2 min read · 17 September 2020
The sale by Canada’s fourth-largest pension comes as it pivots to direct deals and invested a record amount in private equity in the 2019-20 financial year.
2 min read · 31 August 2020
The pension giant is understood to be selling a portfolio containing high-quality stakes.
2 min read · 06 August 2020
The growth of the secondaries market has halted, though certain segments remain open to LPs and GPs, according to Andrew Gulotta of Sixpoint Partners and DLA Piper’s Adam Tope.
4 min read · 21 April 2020
The deal is understood to have included stakes in funds managed by CVC Capital Partners, Blackstone and Apollo Global Management.
3 min read · 13 April 2020